Kuehne + Nagel Increase Indonesia Footprint with Latest Acquisition
Switzerland-based global transport and logistics company Kuehne + Nagel recently announced they have acquired a leading Indonesian logistics company, Wira Logistics. With this new acquisition, Kuehne + Nagel will further bolster their warehousing and distribution network in Indonesia.
Member of the Managing Board of Kuehne + Nagel International AG and the person responsible for contract logistics, Gianfranco Sgro said, “Indonesia is arguably the most important internet market in South East Asia in terms of its sheer size, emerging middle class and digitally savvy population. With this acquisition, we can leverage our global eCommerce strategy. At the same time, it allows us to strengthen our Contract Logistics footprint in Asia and our position as a leading logistics service provider. The tightened domestic network will further enhance our value proposition of providing fully integrated end-to-end logistics solutions to our customers across Indonesia.”
This latest expansion by Kuehne + Nagel to increase their warehousing and distribution capabilities in Indonesia is a result of the ever-growing imports and exports business which generates nearly $300 billion USD each year.
Kuehne + Nagel’s warehouse portfolio has now significantly improved due to this new acquisition that includes a distribution center in Cibitung together with satellite locations in Jakarta, Surabaya and Bali.
President Commissioner of Wira Logistics, Ekahadi Djaja said, “Wira is very proud to expand our fruitful relationship with Kuehne + Nagel. Our existing and future customers will stand to benefit from Kuehne + Nagel’s market-leading position, capabilities and global expertise.”
President of Kuehne + Nagel South Asia Pacific, Jens Drewes said, “Kuehne + Nagel started operations in Indonesia in 1992. Over the years, we have become the logistics partner of choice for many blue-chip multi-national corporations and local companies. These partnerships are a testament to our expertise and understanding of our customers’ needs, regardless of the size of their company. We are very excited by this acquisition and the additional opportunities that it will create for our business.”